Trader II - Crude Oil

Mitsui E&P USA LLC

$110K — $130K *
Energy & Utilities
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-10 years of trading experience, specifically in crude oil or related physical markets.
  • Undergraduate degree in Finance, Economics, Engineering, or Accounting preferred.
  • Proficiency with Microsoft Office tools and familiarity with ETRM systems.
  • Strong analytical skills with attention to detail and accuracy.
  • Exceptional communication and interpersonal skills for effective collaboration.

Responsibilities

  • Execute US domestic crude oil trades and negotiate associated contracts.
  • Manage positions within established risk limits.
  • Identify and analyze market opportunities while ensuring policy compliance.
  • Conduct economic analysis for asset-backed trading strategies and provide recommendations.
  • Provide timely and accurate reporting on positions and P&L drivers.
  • Collaborate with internal departments to ensure accurate trade management.
  • Distribute market intelligence and analyze competitive dynamics impacting supply and demand.

Benefits

  • Medical, Dental, Vision benefits
  • 401K with Company Match
  • Tuition Reimbursement
  • Generous PTO Policy
  • Breakroom Snacks and Beverages
Full Job Description
SUMMARY:

The Crude Oil Trader II is responsible for independently executing US domestic crude oil trades and optimizing related physical assets. This role manages daily positions, identifies commercial opportunities, and ensures accurate, transparent reporting while working closely with internal teams and global Mitsui crude desks.

ESSENTIAL FUNCTIONS & RESPONSIBILITIES:
  • Execute US domestic crude oil trades, including physical/logistical contracts, and negotiate pipeline, storage, and logistics assets.
  • Manage positions within risk limits.
  • Identify market opportunities while complying with policies.
  • Conduct commercial/economic analysis and monitoring for asset-backed strategies and recommending execution, optimization, or exit.
  • Provide timely, accurate reporting of positions, P&L drivers, exposures, and trade rationale and risk.
  • Assist internal departments, such as Confirmations, Risk, IT, Accounting, and Global Mitsui crude trading teams to ensure deals are managed according to their intent in a timely and accurate manner
  • Distribute US crude market intelligence and competitive dynamics. Support Mitsui's fundamental market analytics by monitoring market developments that may impact supply / demand within the Texas and Gulf Coast regions.
  • Other duties as directed by Manager
  • Adherence to all corporate Risk Management policies and procedures.

REQUIRED SKILLS & ABILITIES:
  • Proficiency or the ability to effectively demonstrate proficiency with appropriate training with third party software licensed to the Company such as Microsoft Office (Excel, Power Point, Word).
  • Familiarity with ETRM systems.
  • Excellent analytical skills with keen attention to detail.
  • Exceptional communication skills. Possess es refined interpersonal verbal and written communication skills, including writing and telephone communication skills. Ability to present to senior managers when needed.
  • Ability to work in a team environment.
  • Ability to work independently with little to no supervision.

EDUCATION & EXPERIENCE:
  • Undergraduate degree or equivalent related work experience (Finance, Economics, Engineering, or Accounting preferred).
  • Minimum 5 years of crude oil trading or related physical markets
  • 5-10 years of experience in trading environment required.

LANGUAGE SKILLS:
  • Fluent verbal and written skills in English

WORK ENVIRONMENT & PHYSICAL DEMANDS:

This job operates in a professional office environment and routinely uses standard office equipment such as computers, phones, photocopiers, and filing cabinets. Physical demands include prolonged periods of sitting and occasionally moving around to meet with different team members.

Benefits
  • Medical, Dental, Vision benefits
  • 401K and Company Match
  • Tuition Reimbursement
  • Generous PTO Policy
  • Breakroom Snacks / Beverages


This position description is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. Employees may be required to perform any other job-related instructions as requested by their leader, subject to reasonable accommodation.

Similar Jobs

More Jobs at Mitsui E&P USA LLC

  • Trader II - Crude Oil
    $110K — $130K *
    Houston, TX 77084 (Harris County)
    Energy & Utilities
    In-Person
  • Trader - PJM
    $100K — $120K *
    Houston, TX 77084 (Harris County)
    Energy & Utilities
    In-Person
  • Associate Legal Counsel
    $95K — $115K *
    Houston, TX 77084 (Harris County)
    Legal & Accounting
    In-Person
  • Power Congestion Trader
    $110K — $130K *
    Houston, TX 77084 (Harris County)
    Energy & Utilities
    In-Person

More Energy & Utilities Jobs

Find similar Trader II - Crude Oil jobs: